MARKET & ECONOMY​

The 10th edition of India-ITME is opening on a note of high expectations! The Indian Government’s recent `6,000-cr package & amended TUFS have rekindled exhibitor interest while high-tech wares promise to ignite buyer zest. A cross-section of the textile industry players shares their moods & opinions.

Huntsman Corporation has named Harshad Naik as Managing Director, India Subcontinent, effective September 2016. He succeeds Rohit Aggarwal who was appointed President of Textile Effects Division in July this year. In his new role, Naik will lead the cross divisional collaboration required to deliver growth, build external partnerships and asset investments. He will represent Huntsman in engaging with government organisations and other key stakeholders in the region.

GoCoop, an online Marketplace established with the objective of providing a platform to weaver and artisan co-operatives and community based enterprises in rural India, has received the 1st National Award for outstanding contribution in the field of ‘Marketing of Handloom Products (e-Commerce)’.

Sanitized, a leading producer of antimicrobial hygiene functions and material protection for textiles and plastics, has developed a new product for long-lasting antimicrobial protection for flexible polymer applications in response to the growing global antimicrobial market demands. Besides thermal stability and compatibility with most formulations, the new Sanitized PL 14-32 is said to provide water resistance, as well as high UV resistance and no yellowing after UV exposure.

With the aim of upgrading knowledge base and skill levels of personnel of the apparel industry along with ATDC faculty resources, the Apparel Training and Design Centre (ATDC), India’s largest vocational training provider for the apparel sector, has organised a two-day long workshop on ‘Apparel Product-Quality Assurance’. The workshop was conducted recently at ATDC Hub Faridabad.

The future is here: the latest version of Dyneema® Denim can be applied to single-layer motorcycle clothing and passes the standard impact abrasion test – without sacrificing the comfort and style of traditional denim and without the need for an extra lining.

Freudenberg introduced a new adhesive technology, matching the requirements of post processed garments and different kinds of outer fabrics. E…E interlinings give the flexibility to change processing treatments without risking quality problems. Fused at 127º C fuseline, E…E interlinings deliver secure bond strength results after washing temperatures up to 95º C (e.g. garment dyeing).

Development of trade and investment cooperation between India and the Eurasian Economic Union (EAEU) is a key factor in their bilateral cooperation, said Alexander Tsybulski, Russian Deputy Minister of Economic Development.